Ondo Finance (Ondo) prices are surged by 10%, with breakouts above layer zero joining Ondo’s Global Markets Alliance. The rising volume and TVL signal have a strong bullish momentum.
Ondo Finance (Ondo) has gained strong upward momentum as bullish sentiment has wiped out the market and pushed tokens up by more than 10% in the last 24 hours.
The price surge comes amid growing interest in real-world asset (RWA) tokenization and increasing investor confidence in Ondo’s broader strategic initiatives.
Ondo Token is currently trading at $0.929, recovering from its low of $0.8401 within the last 24 hours, and is now hovering near the key $0.93 breakout zone.
With bullish pressure building and higher lows consistently formed on the charts, traders are closely watching the critical moves outweigh the resistance that can clear the path to a psychologically important $1 level.
Ondo has regained a critical level as the Bulls tightened their grips
After falling below the $0.85 level earlier this week, Ondo Finance (ONDO) was confident, collected, held and bouncing above $0.90.
This rebound is considered a clear signal of strength, especially as prices are integrated near the top of the recent trading range.
At the current rally, Ondo Surge tests between $0.7668 and $0.9279 each week, showing a robust 19.4% increase over the past seven days.
The token is about 56% below the all-time high of $2.14 reached in December 2024, but the current momentum is driving new optimism among traders looking at short-term breakout targets.
Market analysts suggest that if Ondo clears $0.93 resistance with a strong volume, the next possible target is between $0.9350 and $0.9500.
Prices face minor hurdles along the way, but the formation of higher bass, coupled with rising volume, indicates that the Bull is well controlled.
Powerful Basic Fuel Investor Optimism
Price action continues to attract traders, but Ondo’s foundations play an equally important role in strengthening confidence.
The token currently holds a market capitalization of around $2.93 billion, with a fully diluted valuation of over $9.28 billion, highlighting its growing importance in a broader system of denial.
The recent update from Ondo Finance also shows a strategic move designed to strengthen its global position.
In particular, the project announced that Layerzero, a leading interoperability protocol that supports over 130 blockchains, has joined the Global Market Alliance.
This partnership strengthens Ondo’s goal of guiding traditional financial markets in chains and enabling large-scale cross-chain asset issuance.
According to the team, seamless connections across the blockchain are no longer an option. This is essential in modern global finance.
Rising Ondo Finance TVL signaling indicates a growing interest
Aside from price action and partnerships, other metrics further reflect Ondo’s upward profile. The platform currently boasts a total value lock (TVL) of over $1.39 billion, enhancing the depth of capital flowing through its ecosystem.
Additionally, the 24-hour trading volume is around $292 million, with Ondo increasing liquidity and involvement from both retail and institutional participants.
This level of market activity often serves as a precursor to a strong price breakout, especially when combined with bullish chart setup and basic strength.
The Bulls are targeting the $1 milestone as their next major test
With Ondo Finance (Ondo) floating near the $0.93 resistance zone, the stage is set to a potential breakout that could carry the token to a new local high.
A clean move above this level, backed by volume and sustained purchases, can put a $1 psychological target within reach.
However, traders will watch carefully to see if they can hold a support level of $0.8900 if momentum stalls.
If the token maintains its current structure, the continuous push will be higher in future sessions.
With a strong basics, a growing alliance and market interest, Ondo remains one of the outstanding tokens to watch in RWA and Defi space this week.
